Comment on Dell warns of data breach, 49 million customers allegedly affected
SirEDCaLot@lemmy.today 1 month agoI agree. Even at $120 each. 120 times tens of millions is serious fucking cash. We need to have a couple of big companies go bankrupt over this shit. Then maybe they will start taking it seriously. Perhaps at that point maintaining personal data on people will be seen as a liability rather than an asset. And that’s what we really need.
slurpinderpin@lemmy.world 1 month ago
Yep data protection should be life or death. Either that or make the executives personally responsible ie the fines come out of their pockets
explodicle@sh.itjust.works 1 month ago
Why stop there? Abolish the corporate veil. Those motherfuckers can buy liability insurance.
SirEDCaLot@lemmy.today 1 month ago
Disagree. Breaking the corporate veil would have a whole lot of unintended consequences and would basically kill investment as a concept. I agree we need to do more about corporations that violate the law with impunity and get wrist slaps. I don’t think that’s it.
explodicle@sh.itjust.works 1 month ago
Why do you think it would kill investment despite liability insurance?
SirEDCaLot@lemmy.today 1 month ago
Yup. We need more of the corporate death penalty. And when corporations are so big that ‘killing’ them would harm the economy, I argue we’re back to too big to fail. Maybe the answer is giant fines, and if the company can’t pay, wipe out the largest shareholders and then resell the stock over time. Make people’s personal information a giant hot potato that nobody wants to be holding.